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Russia's Central Bank gold holdings: What the data reveals (and what it doesn't)

Commentaries & Views

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Gold and Silver Market Update: Russia's Gold - Why Now?

At the onset of the attempted invasion of Ukraine, Russia stopped reporting its central bank holdings. It has now resumed reporting.

CPM Group's Jeffrey Christian discusses the last year of Russia foreign exchange and gold reserves levesl and fluctuations, comparing them to data received by other reporting countries and some of the reasons behind the peaks and dips in the holdings.

Jeff also discusses the past week in Gold and Silver, discusses the current banking crisis, and CPM's view of the future short-term price movement.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.